# ESSEX BANK
ESSEX, CT · FDIC certificate 17262 · asset band $300M-1B · latest filing 2026-06 · live

**Verdict on the desk:** this could be *ordinary*. Composite score 2 (one point per flag, capital below 5% counted twice; 7 or more is where departures cluster).

## What the filing shows (filed dollars, derived ratios; band percentiles in parentheses)

| Measure | Value | Band median |
|---|---|---|
| Total assets | $536.6M | |
| Deposits | $447.9M | |
| Loans and leases | $369.3M | |
| Total equity | $76.6M | |
| Loans / deposits | 81.67% (p49 of band) | 82.04% |
| Liquid assets / assets | 25.46% (p52 of band) | |
| Uninsured deposits / deposits | 15.59% (p14 of band) | 25.97% |
| Brokered deposits | 0.00% | |
| Wholesale funding | 0.41% (p29 of band) | |
| FHLB advances / assets | 0.41% | |
| Tier 1 leverage | 12.87% (p78 of band) | 10.81% |
| Unrealized securities loss / equity | -7.24% (p53 of band) | -8.10% |
| AOCI / equity | 0.17% (p87 of band) | |
| ROA (annualized) | 1.10% (p39 of band) | 1.28% |
| Net interest margin | 3.71% (p39 of band) | 3.91% |
| Efficiency ratio | 82.46% (p90 of band) | |
| Noncurrent loans | 1.27% (p79 of band) | 0.43% |
| Net charge-offs (annualized) | 0.00% (p29 of band) | |
| Reserve coverage of noncurrent | 74.18% | |
| Real estate % of loans | 93% | |
| Construction % of loans | 39.53% (p46 of band) | |
| Auto loans | $0 (0.00% of loans; DQ –, NCO 0.00%) | |
| Loans to nondepository financials | $0 (0% of equity) (p45 of band) | |
| Deposits YoY | 3.7% | |
| Employees | 135 | |

## Flags firing in the latest filing

- **expense ratio p90** (`earn_efficiency`)
- **reserve under noncurrent** (`aq_reserve`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2011-03 | 1 | reserve under noncurrent |  |
| 2011-06 | 1 |  |  |
| 2011-09 | 1 |  |  |
| 2011-12 | 1 |  |  |
| 2012-03 | 1 |  |  |
| 2012-06 | 2 | capital falling |  |
| 2012-09 | 1 |  | capital falling |
| 2012-12 | 1 |  |  |
| 2013-03 | 1 |  |  |
| 2013-06 | 1 |  |  |
| 2013-09 | 2 | expense ratio p90 |  |
| 2013-12 | 3 | capital falling |  |
| 2014-03 | 2 |  | capital falling |
| 2014-06 | 2 |  |  |
| 2014-09 | 1 |  | reserve under noncurrent |
| 2014-12 | 1 |  |  |
| 2015-03 | 1 |  |  |
| 2015-06 | 1 |  |  |
| 2015-09 | 1 |  |  |
| 2015-12 | 2 | capital falling |  |
| 2016-03 | 2 |  |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | capital falling |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | liquid assets <10% |  |
| 2017-12 | 1 |  | liquid assets <10% |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 3 | noncurrent p90, reserve under noncurrent |  |
| 2019-12 | 4 | capital falling |  |
| 2020-03 | 3 |  | capital falling |
| 2020-06 | 3 |  |  |
| 2020-09 | 4 | capital falling |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 3 | charge-offs p90 | noncurrent p90, reserve under noncurrent |
| 2021-12 | 2 |  | capital falling |
| 2022-03 | 2 | NIM <2.5% | charge-offs p90 |
| 2022-06 | 1 |  | NIM <2.5% |
| 2022-09 | 2 | uninsured deposits leaving |  |
| 2022-12 | 4 | deposits shrinking, assets shrinking |  |
| 2023-03 | 2 |  | expense ratio p90, uninsured deposits leaving |
| 2023-06 | 3 | uninsured deposits leaving |  |
| 2023-09 | 2 |  | uninsured deposits leaving |
| 2023-12 | 1 |  | assets shrinking |
| 2024-03 | 0 |  | deposits shrinking |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | uninsured deposits leaving |  |
| 2025-03 | 1 | expense ratio p90 | uninsured deposits leaving |
| 2025-06 | 3 | reserve under noncurrent, uninsured deposits leaving |  |
| 2025-09 | 2 |  | uninsured deposits leaving |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |
| 2026-06 | 2 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-01-13 [CT community bank names next president, CEO - Hartford Business Journal](https://news.google.com/rss/articles/CBMihwFBVV95cUxNVEk2MHRSUEZFVVlZUld5cGJuMTlkS3R0Z2oyMldLWEZlcHN0Q3dhR1lxdUZISnhfckZJbE5BZUVpZGhZUllRZ2djSFRyNjh2QUpDRFhYOGRPOWVVODdVS0tVSzZmc1puN1ZUekp2aFBJeEZHTGUwdjc2Xzc2SkhZR3JvRXBBTVE?oc=5) · Hartford Business Journal
- 2026-04-10 [Essex Financial Announces Five “Best in Connecticut” Wealth Advisors - HK Now](https://news.google.com/rss/articles/CBMingFBVV95cUxNbll6eFhJYW04YVVLeHAwOGRYMk5hcnoxaDNhT1htQS1lSjVuWUFlY3J0QkhLbm5rVDFFVmtveG5aOHptS25DX3pMRHptcXRIbnBNdl9BTjZpbGdkS2JNOEt0TFJFTVlOOVZyNHdDTHNjVC14STlwWkRUb3ZRY0tZMk9hcTNTdFp1R0xqYl9JRWNuTHlzbkRSNEoycVlKdw?oc=5) · HK Now
- 2026-01-14 [Essex Bank Announces New President & CEO - LymeLine.com](https://news.google.com/rss/articles/CBMid0FVX3lxTFBVZXYtTE1NWXRkOWJ2eHM2Sm5aLWNydURyU3V0c0h0VTVFU1hoSjlYVkotTGU2RFRzbXBfdzE2QThEbkNPRGotY0I3T2FFUTFSNHVucFR1N0NKb3h5R0dkTTB2MkJnd2xHcjJ1VVJpOG5wTmpSVDRN?oc=5) · LymeLine.com
- 2025-08-27 [A Name Change at Essex Savings Bank October 1st - HK Now](https://news.google.com/rss/articles/CBMihAFBVV95cUxPZGNwaDZCam8tUmgyXzFGOUpZTlhPdEktN0Ezc2VfWjhNcFB4OC1MNnpWVEV4TmpSTFBUMW5zT0p2NGQxb1YyNTNHLUFQUHNlZG1sUVI4YWNmeC1PcHNZX003cktrdUlXckZfVEpWNGNMc0t1dE94eXBYYUg0T3U3YzJfUEk?oc=5) · HK Now
- 2025-05-07 [Essex Savings Bank Announces New Name, Prepares to Celebrate 175th Anniversary - LymeLine.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxNRkdoajdRMURGczlxa01Ea0FuUWU5ODB3LUdSc3U4dmlXUjN4MGtPQTkxMllrM0JMWXRTRFZweVVvLXUzQm5YTEt4ZnF5ZVFoVFItQ2g3SWdvSGJHOGoyb1VTcmY5c2IyOUsydzR6aXlVZWd6emxXS2FyVWZIb0NUUmZkTHZvTV81LU5QZ01wb0c3Y0syeE1lN3NZZVlDRU0?oc=5) · LymeLine.com
- 2022-07-19 [Antique Essex bank to get new life as women’s boutique - ctinsider.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxQYnJlSWdIVXVmSmVTa1ZPRUpWckhYTDF4Tm9VSEhqeGJVUlhaaUdJU2tuOW9VWmlnWmxXLW00a0VOMXF1TGR4YnV6WDUxeUtDenNDZ3ltMGdzSnBFZXY4RzMwU0xiVHdjci1PaHRXeVJYUXoxWEZ0bVZWZC0tWVM3c0xmdDBrOEtVWU9IOTA2TXhfMU8ycF9zMU9rTllFU0V1MGFFaw?oc=5) · ctinsider.com
- 2026-08-01 [Essex Bank Announces Loan Officer Promotions - HK Now](https://news.google.com/rss/articles/CBMigAFBVV95cUxORnZZUGl0SUpfbzlGcUM4ZlJrdXN6ZFMxYVQ0MUlHSXZwX2tyLTlkeHpyWEJrUkFzME05Z2J6Mk9pTlVjVHVCOWl0TE1scFBEV1RyOGkzODRFOXFTUDNJMlRZejdPeWM0VXNxYVkyNkJDQnZqdk5nVURFTVFRY0lzUg?oc=5) · HK Now
- 2021-02-26 [From teller to the C-suite: Arnold prepares to lead Essex Savings Bank - Hartford Business Journal](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOZU4xekZZMFh1YnVVTkFJT0tKYkhUbWFObTZjeUtQWHlpT3dXTG54NjQzUE9xdHhzeVdHMk1MN292cEFBTEFxb1dkMnJBaUVUeHBRQ2l0QkxFTVV5bG9LekdNNTZ6d2VfOEZ6bHoyYTNLMXRiYndGWV9OZWtydzVwZGRIV2hSa1Ztc0FFUmNCdWgxMHVuQVdUemlkcU9vcUlNR0diNlFTaU5ab1k?oc=5) · Hartford Business Journal

## How to verify

- Page: https://getbookiq.com/bank-desk/#bank=17262 (click any number for its formula and FFIEC field codes)
- Latest row, JSON: https://getbookiq.com/bank-desk/data/summary.json · history: https://getbookiq.com/bank-desk/data/h/46.json (key "17262", columns cycle, ASSET, DEP, LNLSGR, EQTOT, ltd, liquid_pct, unins_pct, lev, aoci_pct_eq, sec_loss_eq, roa, nim, eff, nc_pct, nco_pct, LNAUTO, auto_dq, auto_nco, LNNDEPD, ndfi_eq, wholesale_pct, dep_yoy, score, flags)
- Field definitions: https://getbookiq.com/dictionary/#bank-LNNDEPD and the rest of the bank dictionary
- Source: FDIC call report via BankFind, dollars in thousands as filed. Departed means stopped filing, which is usually a merger; FAILED is the FDIC's own list.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide